ASTALDI: NET PROFIT OF OVER EUR 40 MILLION DURING THE FIRST HALF OF THE YEAR. NEW ORDERS OF EUR 2.4 BILLION

Consolidated results of HY1 2013. Net profit of EUR 40.2 million (+1% YOY). Total revenues of EUR 1,160.8 million (-3.8% YOY). Total revenues for Q2 2013 of EUR 625 million (+16.6% on a quarterly basis). Business plan targets for 2013 confirmed. Increase in earnings and margins: EBITDA margin of 12.6%, with EBITDA of EUR 146.8 million (+24.2% YOY); EBIT margin of 9.9%, with EBIT of EUR 114.7 million (+16.3% YOY). Major drop in net debt to EUR 729.6 million, from EUR 827 million at 31 March 2013: Positive cash flow trend recorded for the second quarter; Debt/equity ratio of 1.2x, with corporate debt/equity ratio at 0.7x. Order backlog of EUR 11.5 billion: EUR 2.4 billion of new orders during HY1 2013; Potential order backlog of more than EUR 21 billion – including projects that have been secured but for which finalisation is pending – that guarantees approximately 70% of forecast revenues for the next five years.